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LONDON (Reuters)—A new tracking system to pinpoint people inside smoked-filled buildings has been developed in a move that should slash the risks faced by firefighters. French aerospace company Thales said on Wednesday its Indoor Positioning System (IPS) was aimed initially at helping fire services although it could also be used by the police and armed […]

SEATTLE (Reuters)—Microsoft Corp. said on Monday it would be the exclusive provider of display and contextual advertising for the Web site of business television news channel CNBC. The agreement takes effect immediately, with Microsoft delivering contextual ads, which are based on what the user is viewing, for CNBC.com later this month. Display ads will start […]

NEW YORK (Reuters)-Top phone company AT&T Inc will buy core routers from Cisco Systems Inc to upgrade its Internet backbone network, helping to ease fears that slower economic growth will hurt network equipment sales. The companies did not reveal the price or size of the order for Ciscos CRS-1 core routers, which direct massive amounts […]

DENVER—In recent weeks, two of the more high-profile acts that werent selling their music as ringtones have given in. And in both cases, AT&T Mobility is involved. The operator scored exclusive access to a handful of Dave Matthews Bands ringtones made from live recordings, but will later include studio tracks. Van Halen, meanwhile, is making […]

DENVER (Billboard)—Hoping to broaden its relevance to the music industry in the face of increasing competition from other social networking sites, MySpace will roll out a suite of services and initiatives as part of what company officials are calling MySpace Music 2.0. But a new policy at Universal Music Group (UMG), the worlds biggest record […]

WASHINGTON, D.C.—The Federal Communications Commission on Tuesday delayed until 12:30 p.m. EDT an open meeting to set rules for the sale of valuable wireless airwaves. The five commissioners had been due to meet at 10 a.m., but last minute negotiations over details delayed the meeting for the vote, according to the FCC. FCC Chairman Kevin […]

NEW YORK—Network equipment maker Cisco Systems Inc. and Apple Inc. said on Wednesday they had reached an agreement that allows both to use the “iPhone” name, after Cisco sued the iPod maker for using it for a new multimedia phone. Financial terms of the agreement were not disclosed. In a joint statement, they said both […]

There is an updated version of this story available. For the most recent version, click here. NEW YORK/SAN FRANCISCO (Reuters)—McAfee Inc. Wednesday fired its president and said its chief executive would retire after an internal probe into the software makers stock option practices, but shares rose more than 3 percent on hopes that the investigation […]

SAN FRANCISCO (Reuters)—Flextronics International Ltd., the worlds biggest contract electronics manufacturer, on Tuesday posted a small net loss as revenue declined and set financial targets below Wall Street expectations. Flextronics shares fell nearly 14 percent in extended hours trade on the Inet electronic brokerage following the news. Shares of other contract manufacturers also fell. “The […]

TOKYO (Reuters)—Japans Toshiba Corp. said on Thursday it may delay the year-end launch of its next-generation HD DVD players, potentially undermining its advantage as the first supplier to put such machines on the market. The company added, however, any change in the launch schedule would be intended to maximise potential demand for the new products […]